Hochul Vies to Make New York an AI Hub With Energy Push

(Bloomberg) — Governor Kathy Hochul is positioning New York as a hub for artificial intelligence companies, arguing that competitive tax rates for high earners, abundant energy and immigrant talent can help the state win the race to lead in the technology.

“I want to be No. 1,” Hochul said in an interview with Bloomberg TV on Wednesday. “I am very sensitive to competitiveness with other states. I’ve said I don’t want to raise income taxes on high-net-worth people. I want them to know that New York is a place where we want to foster innovation.”